$ 2,700,000
4185 Byron ST Palo Alto, CA 94306
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$ 2,700,000
Est. payment /mo
Contingent
4185 Byron ST Palo Alto, CA 94306
1 Bed
1 Bath
4,285 SqFt
UPDATED:
09/24/2024 11:06 PM
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Contingent
Purchase Type For Sale
Square Footage 4,285 sqft
Price per Sqft $630
MLS Listing ID ML81979613
Bedrooms 1
Full Baths 1
Year Built 1958
Lot Size 0.281 Acres
Property Description
4185 Byron St. represents a rare opportunity to acquire a 6-unit multifamily investment opportunity located in the highly exclusive Palo Alto market. Originally built in 1958, the property is situated on a 12,222 square foot parcel of land with a gross building area of 4,285 square feet and features stunning one-bedroom floor plans, some with large private patios. Palo Alto was recently ranked #6 on the livability.com list of Top 100 Best Places to Live in America. The subject property offers renters close proximity to many of the nation's top tech employers including Google, Apple, Facebook, Amazon, Varian Medical Systems, SAP, Oracle, Cloudera, Visa, Sony as well as many others. Downtown Palo Alto is also located within walking distance to the subject property and is home to many high-end retail stores and restaurants such as West Elm, NOBU, Restoration Hardware, and several others. The investment appeal of this asset is driven by Palo Altos incredibly strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 4185 Byron St is an attractive choice for Peninsula renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
Location
State CA
County Santa Clara
Area Midtown
Zoning PC
Interior
Heating Wall Furnace
Cooling Central AC, Window / Wall Unit
Laundry Coin Operated
Exterior
Garage Carport
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Wood Shakes / Shingles
Building
Foundation Concrete Slab
Sewer Sewer Connected
Water Public
Others
Restrictions None
Tax ID 147-08-019
Security Features None
Special Listing Condition Not Applicable
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Listed by Eymon Binesh • Marcus & Millichap